Project ID: 55858

CMEC provides $129.4 million supplier's credit for Phase IV of 212MW El-Jaili (Garri/Qarre) Gas Power Plant Construction Project (Linked to Project ID#158, #2163)

Commitment amount

$ 294723853.38885576

Adjusted commitment amount

$ 294723853.39

Constant 2021 USD

Summary

Funding agency [Type]

China Machinery Engineering Corporation (CMEC) [State-owned Company]

Recipient

Sudan

Sector

Energy (Code: 230)

Flow type

Loan

Level of public liability

Other public sector debt

Infrastructure

Yes

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2004-12-25

Actual start

2006-11-01

Actual complete

2008-11-01

Geography

Description

On December 25, 2004, China Machinery Engineering Corporation (CMEC) signed an $129,398,098.40 supplier's credit agreement with the Sudan National Electricity Corporation (NEC) for Phase IV of the 212MW El-Jaili (Garri/Qarre) Gas Power Plant Construction Project. The borrowing terms of this loan are unknown. The borrower was expected to use the proceeds of the loan was to partially finance a commercial (EPC) contract signed on the same day with CMEC. The project involved the installation of two 55MW power generation units at the El-Jaili (Garri/Qarre) Gas Power Plant located in El-Gaili (or Al Jaily or El-Jaili) about 80 km north of Khartoum. CMEC was the contractor responsible for implementation. Construction took place between November 2006 and November 2008, and a project handover ceremony took place in July 2010. The generation units were connected to the national power grid in January 2011.

Additional details

1. This project is also known as a Petroleum Coal Production Project or the El-Jaili Petroleum Coke Power Plant Project. The Chinese project title is 苏丹吉利四期石油焦火电厂 or 苏丹吉利电厂四期工程 or 吉利4期电站项目. 2. Chinese state-owned lenders also financed Phase II (as captured via Project ID#2163) and Phase I (as captured via Project ID#158). Phases I and II were secured with (i.e. collateralized against) oil revenues. It is unclear if this was also the case for Phase IV.

Number of official sources

8

Number of total sources

11

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Details

Cofinanced

No

Direct receiving agencies [Type]

Sudan National Electricity Corporation (NEC Sudan) [State-owned Company]

Implementing agencies [Type]

China Machinery Engineering Corporation (CMEC) [State-owned Company]

Sudan National Electricity Corporation (NEC Sudan) [State-owned Company]

Sudan Ministry of Energy and Mineral Resources [Government Agency]

Loan Details

Bilateral loan

Investment project loan

Supplier's credit/Export seller's credit